Nu Holdings stock slides even as Brazil tees up rate cuts — what investors are watching next
Nu Holdings shares fell 2.6% to $18.27 on Thursday as Brazil’s central bank held its key rate at 15% and signaled possible cuts in March. Lending in Brazil rose 10.2% in 2025, but default rates climbed to 5.4%. Investors weighed tight credit conditions against signs of easing. Nu made no immediate comment.